BlackRock's Fink Says Climate Risk Is Investment Risk

The video discusses the increasing societal demand to address climate change and how this is reflected in the growing interest in sustainable investing. It highlights the role of finance in identifying and addressing climate risk as a significant investment risk. The video also notes major transformations in the energy sector, such as Exxon Mobil's removal from the Dow Jones index and the rise of renewable energy companies. It emphasizes the acceleration of climate risk awareness and the potential consequences for countries and companies that fail to address it.

In what ways are investors increasingly focusing on sustainable investing?

What consequences do companies and countries face if they do not address climate change?